6,663 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,663 shares of the Wireless communications provider's stock, valued at approximately $1,375,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TMUS. World Investment Advisors LLC acquired a new stake in shares of T-Mobile US in the third quarter valued at approximately $510,000. Sanctuary Advisors LLC boosted its position in shares of T-Mobile US by 16.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 85,843 shares of the Wireless communications provider's stock worth $17,715,000 after buying an additional 12,074 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in T-Mobile US by 1.3% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 5,498 shares of the Wireless communications provider's stock valued at $1,135,000 after buying an additional 70 shares in the last quarter. Passumpsic Savings Bank acquired a new stake in shares of T-Mobile US during the 3rd quarter worth about $2,634,000. Finally, Unigestion Holding SA increased its stake in T-Mobile US by 1,525.8% in the third quarter. Unigestion Holding SA now owns 152,472 shares of the Wireless communications provider's stock valued at $31,463,000 after purchasing an additional 143,094 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total value of $615,900.00. Following the completion of the transaction, the insider now owns 119,687 shares in the company, valued at $24,571,741.10. The trade was a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 208,869 shares of company stock worth $47,018,239 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Trading Down 0.6 %

Shares of NASDAQ TMUS traded down $1.33 during mid-day trading on Friday, reaching $231.94. 2,895,594 shares of the company's stock were exchanged, compared to its average volume of 4,353,427. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm has a market capitalization of $269.16 billion, a price-to-earnings ratio of 26.45, a PEG ratio of 1.20 and a beta of 0.53. T-Mobile US, Inc. has a 52-week low of $153.84 and a 52-week high of $248.15. The company's 50-day moving average is $230.57 and its 200-day moving average is $203.14.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.82 earnings per share. Analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.52%. T-Mobile US's payout ratio is currently 40.14%.

Analyst Ratings Changes

Several research firms recently commented on TMUS. Sanford C. Bernstein initiated coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price target on the stock. Raymond James lowered shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Royal Bank of Canada raised their target price on shares of T-Mobile US from $232.00 to $255.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Tigress Financial upped their price target on T-Mobile US from $235.00 to $280.00 and gave the company a "buy" rating in a research report on Monday, December 2nd. Finally, UBS Group boosted their price target on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $245.42.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.